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m2ca.net

Active
Private limited company (pre-2019)founded 200917 yrs activeRue de Juprelle 68, 4432 Ans, BelgiumKBO/BCE: BE 0809.571.601
Summary

m2ca.net has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,998 and a net result of €2,141. Equity is growing by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Overview

What they do
Activity not known1 site
How big
€53,605total assets 2025
Equity
€52,998
Profit
€2,141
Turnover not published (abridged schema)
Financially healthy?
67 Healthy Checked score 2025
Bankruptcy chance 12 m
1.1%
Who decides
Accounts on time0 of 2 deeds read
Why 67- No NACE activity registered- Higher-failure-rate region+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability47▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 88.32 against 82.79 in 2024; short-term debt: 1.1% and cash: 0.1% of total assets), and 1.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
10 d late
2021
3 d early
2020
58 d late
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2025Total assets €53,605Profit €2,141Solvency 98.9%Liquidity 88.32
Total assets
€53,605▲ 4.1%
2019 - 2025
Net result
€2,141▲ 0.1%
2019 - 2025
Equity
€52,998▲ 4.2%
2019 - 2025
Solvency
98.9%▲ 0.1pp
2019 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,786▲ 3.4%-€1,828▲ 34.4%-€656▲ 64.1%€255-€276
Net result€1,345€861▼ 36.0%€2,256▲ 162%€2,139▼ 5.2%€2,141▲ 0.1%
Equity€45,602▲ 3.0%€46,463▲ 1.9%€48,718▲ 4.9%€50,857▲ 4.4%€52,998▲ 4.2%
Total assets€45,602▲ 2.6%€46,923▲ 2.9%€48,975▲ 4.4%€51,479▲ 5.1%€53,605▲ 4.1%
Debt€461€257▼ 44.2%€622▲ 142%€607▼ 2.4%
Working capital€46,412€48,718▲ 5.0%€50,857▲ 4.4%€52,998▲ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: -€2,786-€2,786Net result 2021: €1,345€1,345Operating result 2022: -€1,828-€1,828Net result 2022: €861€861Operating result 2023: -€656-€656Net result 2023: €2,256€2,256Operating result 2024: €255€255Net result 2024: €2,139€2,139Operating result 2025: -€276-€276Net result 2025: €2,141€2,14120212022202320242025-€1,000€0€1,000€2,000Operating result 2023: -€656-€656Net result 2023: €2,256€2,260Operating result 2024: €255€255Net result 2024: €2,139€2,140Operating result 2025: -€276-€276Net result 2025: €2,141€2,140202320242025
The operating result turns negative in 2025: a loss of €276 after €255 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €53,605
Equity €52,998 ▲ 4.2%
Debt €607 ▼ 2.4%
Debt's share of the balance-sheet total falls from 1.2% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Current ratio
88.32▲
2024 · 82.79
Debt to equity
0.01▼
2024 · 0.01
ROE
4.0%▼
2024 · 4.2%
ROA
4.0%▼
2024 · 4.2%
Debt ≤ 1 year
€607▼
2024 · €622
Income taxes
€607▲
2024 · €605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€51,479€53,605▲
Current assets29/58€51,479€53,605▲
Amounts receivable within one year40/41€51,479€53,546▲
Other amounts receivable41€51,479€53,546▲
Cash at bank and in hand54/58-€59
Equity and liabilities
Total equity and liabilities10/49€51,479€53,605▲
Equity10/15€50,857€52,998▲
Contributions10/11€6,200€6,200=
Reserves13€44,590€46,731▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€42,730€44,871▲
Profit (loss) carried forward14€67€67=
Amounts payable17/49€622€607▼
Amounts payable within one year42/48€622€607▼
Financial debts43€17-
Credit institutions430/8€17-
Taxes, remuneration and social security45€605€607▲
Taxes450/3€605€607▲
Income statement Code20242025
Gross operating margin9900€255-€276▼
Operating profit (loss)9901€255-€276▼
Financial income75/76B€2,654€3,183▲
Recurring financial income75€2,654€3,183▲
Financial charges65/66B€165€159▼
Recurring financial charges65€165€159▼
Profit (loss) for the period before taxes9903€2,743€2,748▲
Income taxes67/77€605€607▲
Profit (loss) for the period9904€2,139€2,141▲
Profit (loss) for the period to be appropriated9905€2,139€2,141▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,197€2,208▲
Profit (loss) brought forward from the previous period14P€58€67▲
Transfer to equity691/2€2,130€2,141▲
To other reserves6921€2,130€2,141▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,805€918€50---
Other operating charges640/8--€348---
Gross operating margin9900-€514-€911-€258€255-€276▼ 208%
Operating profit (loss)9901-€2,786-€1,828-€656€255-€276▼ 208%
Financial income75/76B-€2,854€3,288€2,654€3,183▲ 19.9%
Recurring financial income75€4,174€2,854€3,288€2,654€3,183▲ 19.9%
Financial charges65/66B-€165€176€165€159▼ 3.5%
Recurring financial charges65€42€165€176€165€159▼ 3.5%
Profit (loss) for the period before taxes9903€1,345€861€2,456€2,743€2,748▲ 0.2%
Income taxes67/77--€200€605€607▲ 0.4%
Profit (loss) for the period9904€1,345€861€2,256€2,139€2,141▲ 0.1%
Profit (loss) for the period to be appropriated9905€1,345€861€2,256€2,139€2,141▲ 0.1%
Line20212022202320242025Change
Assets
Total assets20/58€45,602€46,923€48,975€51,479€53,605▲ 4.1%
Fixed assets21/28€968€50----
Tangible fixed assets22/27€968€50----
Other tangible fixed assets26-€50----
Current assets29/58€44,634€46,873€48,975€51,479€53,605▲ 4.1%
Amounts receivable within one year40/41€44,631€46,464€48,927€51,479€53,546▲ 4.0%
Other amounts receivable41-€46,464€48,927€51,479€53,546▲ 4.0%
Cash at bank and in hand54/58€4€409€48-€59-
Equity and liabilities
Total equity and liabilities10/49€45,602€46,923€48,975€51,479€53,605▲ 4.1%
Equity10/15€45,602€46,463€48,718€50,857€52,998▲ 4.2%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€40,460€40,460€42,460€44,590€46,731▲ 4.8%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€38,600€40,600€42,730€44,871▲ 5.0%
Profit (loss) carried forward14-€1,058-€197€58€67€67=
Amounts payable17/49-€461€257€622€607▼ 2.4%
Amounts payable within one year42/48-€461€257€622€607▼ 2.4%
Financial debts43---€17--
Credit institutions430/8---€17--
Trade debts44-€461€57---
Suppliers440/4-€461€57---
Taxes, remuneration and social security45--€200€605€607▲ 0.4%
Taxes450/3--€200€605€607▲ 0.4%
Line20212022202320242025Change
Profit (loss) for the period9904€1,345€861€2,256€2,139€2,141▲ 0.1%
+ Depreciation and write-downs630€1,805€918€50---
Operating cash flow (approximation)€3,151€1,778€2,306€2,139€2,141▲ 0.1%
Investment in fixed assets (approximation)-€0----
Change in cash-€406-€361---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

14 eventsLatest 31-10-2025Next filing 31-10-2026

History

M2ca.net was incorporated on 4 February 2009.1 Total assets went from €49,357 in 2019 to €53,605 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Highest result since 2019net €2,256 ▲162%
Net result €2,256, the highest in the series.
2022
10-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Back to profitnet €1,345
Net result €1,345 after 2 loss-making years.
2020
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
31-03
Financial Weakest financial yearnet -€714
Net result drops to -€714, the lowest in the series; recovery starts the following year.
31-03
Financial Liquidity times 23current ratio 236.54
Current ratio from 10.21 to 236.54; short-term debt falls from €4,387 to €176.
2019
15-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
23-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company (pre-2019) · founded 04-02-2009Year ends 31-03Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2009
Fiscal year end31-03
Contact
Website www.m2ca.net
E-mail lognoulm@m2ca.net
Phone +32475206461
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Ans · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1,135 m²
Building footprint
173 m²
Volume, LiDAR
1,195 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
m2ca.net
Clos Armand Pickman 7, 4432 AnsWholesale trade
since 2009unit no. 2.176.183.419
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62001A0051/00C000 Wallonia 912 m² 1 · 110 m² 6.4 m · 2 fl.
62001B0826/00N000 Wallonia 223 m² 1 · 63 m² 11.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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